32722 N 23rd AvePhoenixAZ85085
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Phoenix at 32722 N 23rd Ave, Phoenix, AZ, 85085 offers a 5.44% rental yield on a $832,500 purchase with $3,772/mo rent. 02% in year one. Equity gained on principal adds $5,372/yr while 5% annual appreciation supports $230,004 over five years. Portfolio math shows five-year ROI at 71.21% and total cumulative return in cash at $195,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,772/mo property income against a $4,075/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
10,728 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 85085, Phoenix, AZ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,536 (100%) |
| Owner Occupied HU | 7,964 (51.3%) |
| Renter Occupied HU | 6,094 (39.2%) |
| Vacant Housing Units | 1,478 ( 9.5%) |
| Median Home Value | $609,655 |
| Average Home Value | $635,563 |
Housing Distribution
Address Breakdown
Residential
14,127
Single Family
2,182
Multi-Family
11,945
Businesses
556
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Listed by: Spero Pagos • Keller Williams Northeast Realty
Mls Name: ARMLS
Mls Provider:
Mls ID: #6793623
Disclaimer: All information should be verified by the recipient and none is guaranteed as accurate by ARMLS Listing Information presented by local MLS brokerage: Zillow, Inc., Designated REALTOR- Chris Long - (480) 907-1010